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"Everyone's hoping [tariffs] will go away. The only certainty is there's a 25 percent tariff, and you have to run your business looking at that being in place for the foreseeable future. Both sides have to be willing to compromise, and we don't see that happening right now," Wanek told Furniture Today, an industry trade publication.

"Discussing tariffs in the absence of discussing standards is a useless exercise," Ross said, characterizing his Tuesday meeting with Malmstrom on the state of EU-US trade relations. "Both are protectionist."

"Every day we tell our daughter to pay attention and be safe. And we don't allow her to play in the yard," Xu said. "She can't even make a snowman in the winter."

"Digitization will significantly improve the transformation of corporate banking," said Han Feng, partner at McKinsey. "Those banks that could truly realize digital transformation and large-scale digitization will considerably widen the gap between themselves and other banks."

"Deepening technological progress and economic globalization present to all countries unprecedented opportunities and an urgent necessity to enhance economic and technological cooperation," said Wang.